21 November 2022


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NCLAT: NCLT Doesn't Have Power to Classify Transaction As Preferential Transaction - 16.05.2022

National Company Law Appellate Law Tribunal, has observed that NCLT does not have the power to suo-moto classify a transaction as a Preferential Transaction under Section 44 of the Insolvency and Bankruptcy Code, 2016.

Tags : National Company Law Appellate Law Tribunal Section 44 Insolvency and Bankruptcy Code 2016 Preferential Transaction

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